QoQ Change in Preliminary Quarterly Core Personal Consumption Expenditures (PCE) in the US
| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
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| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The preliminary quarterly core Personal Consumption Expenditures (PCE) index (quarter-over-quarter) is a measure of how much core PCE, excluding food and energy, has changed in the United States from one quarter to the next. This data is released quarterly by the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce and provides initial preliminary figures.
The quarter-over-quarter data is useful for understanding short-term fluctuations in core PCE. An increase in core PCE indicates rising inflationary pressures, which could reduce consumer purchasing power. Conversely, a decrease in core PCE suggests a risk of deflation, potentially enhancing consumer purchasing power.
This information is critical for policymakers to assess inflation trends and formulate appropriate monetary policies. It also serves as a vital resource for businesses and investors to gauge inflation trends and forecast economic conditions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||